ToplineCruise—General Motors’ self-driving brand—will resume tests for its robotaxi service, the company announced Tuesday, months after Cruise suspended operations amid scrutiny of its driverless cars, which increased after Forbes reported a pedestrian was inadvertently dragged by one of the company’s vehicles.General Motors’ self-driving brand recalled its robotaxi fleet last year after a company vehicle ... [+] dragged a pedestrian after a crash.Gado via Getty Images Key FactsCruise will test its robotax ...

General Motors' Cruise self-driving vehicle unit will redeploy cars on U.S. roadways for the first time since October, beginning with a small fleet of human-driven vehicles in Phoenix, the company said Tuesday.The relaunch comes after the company ceased operations weeks after an Oct. 2 accident in which a pedestrian in San Francisco was dragged 20 feet by a Cruise robotaxi after being struck by a separate vehicle.A third-party probe, which was ordered by GM and Cruise, found culture issues, ineptitude and p ...

In this articleGM 2025 Buick EnclaveGMWARREN, Mich. — General Motors has redesigned Buick's flagship Enclave SUV as the latest testament to the automaker's ongoing reinvention of the roughly 125-year-old brand.The updates to the 2025 Enclave — from new tech to exterior to interior redesigns — complete Buick's refresh of its current four-vehicle lineup. In 2022, Buick unveiled an aggressive concept vehicle called the Wildcat, kicking off the brand's new design direction.While the Enclave is the latest of Bui ...

From a bird’s-eye view, it’s tempting to dismiss automotive giant General Motors (NYSE:GM) stock as an anachronistic enterprise. Yes, the legacy automaker has made a strong pivot to electric vehicles. However, sector leader Tesla (NASDAQ:TSLA) has long held a vice grip on the ecosystem, making a competitive charge difficult. Nevertheless, circumstances are falling favorably for GM stock, making it a worthwhile investment.First, GM stock itself appears significantly undervalued compared to the rest of the au ...

Three highly successful billionaire money managers are paring down their respective stakes in artificial intelligence (AI) titan Nvidia and purchasing shares of six beaten-down value stocks.Over the last three decades, Wall Street has enjoyed no shortage of next-big-thing investment trends. Following the advent of the internet, a number of game-changing innovations have taken shape, including genome decoding and blockchain technology, to name a few. But there's nothing that's captivated the attention of inv ...

Taking full advantage of the stock market and investing with confidence are common goals for new and old investors, and Zacks Premium offers many different ways to do both.Featuring daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, the research service can help you become a smarter, more self-assured investor.Zacks Premium includes access to the Zacks Style Scores as well.What are the Zacks Style Scores?The Zac ...

Momentum investing is essentially the opposite of the tried-and-tested Wall Street adage -- "buy low and sell high." Investors following this investing style typically avoid betting on cheap stocks and waiting long for them to recover. They believe instead that one could make far more money in lesser time by "buying high and selling higher."Everyone likes betting on fast-moving trending stocks, but it isn't easy to determine the right entry point. These stocks often lose momentum when their future growth po ...

Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?Before we discuss the reliability of brokerage recommendations and how to use them to your advantage, let's see what these Wall Street heavyweights think about General Motors Company (GM) .General Motors currently has an average broke ...

U.S. new vehicle sales is expected to have risen 5.6% year over year to 3.8 million units volume in the first quarter of 2024, per Cox Automotive. March's seasonally adjusted annual rate is anticipated to reach 15.5 million units, suggesting a 0.6 million increase from last year's reported figure.Per J.D. Power and GlobalData, in March, light-vehicle retail inventory reached 1.7 million, up 4.2% from February 2024 and 39% from March 2023. Total inventory surpassed 2.5 million for the first time since 2021. ...

Key TakeawaysGeneral Motors' first-quarter U.S. sales fell 1.5% from a year ago as a result of weakness in fleet deliveries and electric vehicle (EV) demand.Domestic retail sales for GM advanced 6%, keeping the automaker ahead of Toyota as the best-selling brand in the U.S.However, GM said its commercial sales suffered as it faced temporary production constraints that affected midsized pickup trucks and vans. General Motors (GM) shares slipped 1.1% Tuesday as the automaker reported first-quarter U.S. sales ...